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CVX

GOOG

MSFT

PSX

XOM

U.S. stock futures are trading higher with focus on Exxon Mobil, Microsoft, Chevron, Alphabet, and Phillips 66 due to earnings reports and announcements. Exxon Mobil is expected to report earnings with a slight share drop in after-hours. Microsoft exceeded earnings and sales expectations, causing a share price jump. Chevron is anticipated to post earnings with a minor after-hours share decrease. Alphabet announced a significant share repurchase program and a dividend, leading to a substantial share price increase. Phillips 66 is expected to report earnings with a slight increase in after-hours trading.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 6:59 am

FSFG

First Savings Financial (NASDAQ:FSFG) reported Q2 2024 adjusted EPS of $0.52, surpassing the $0.45 estimate, but its sales of $14.338M fell short of the $14.684M forecast. This represents a 3.7% decrease in EPS and a significant sales drop from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:56 am

PSX

Phillips 66 (NYSE:PSX) is set to release its Q1 earnings on April 26, 2024, with analysts forecasting a decrease in earnings per share to $2.17 from $4.21 year-over-year and a revenue drop to $33.08 billion from $35.09 billion. The company recently raised its quarterly dividend from $1.05 to $1.15 per share. Shares fell 0.4% to $157.24 recently. Analysts from Barclays, Wells Fargo, Piper Sandler, JP Morgan, and Goldman Sachs have updated their ratings and price targets for PSX, reflecting a generally positive outlook.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 6:48 am

XOM

Exxon Mobil Corporation (NYSE:XOM) is anticipated to report lower earnings for Q1 2024 at $2.20 per share compared to $2.83 in the same quarter last year, despite an expected increase in revenue to $78.35 billion from $86.56 billion. Recent analyst forecasts have adjusted price targets upwards, reflecting a positive outlook on the stock.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 6:34 am

NWE

NorthWestern (NASDAQ:NWE) reported Q1 2024 earnings of $1.09 per share, missing the $1.13 estimate, but sales of $475.3M exceeded the $471.601M forecast. This represents a 3.81% increase in earnings and a 4.58% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:31 am

VINC

Vincerx Pharma, Inc. (NASDAQ:VINC) has announced the pricing for its underwritten public offering, which includes 6,000,000 shares of common stock and warrants, as well as pre-funded warrants for up to 16,000,000 shares. The offering prices are set at $0.75 for each share and accompanying warrant, and $0.7499 for each pre-funded warrant and accompanying warrant.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:29 am

BTCUSD

SPY

Crypto trader Kevin predicts Bitcoin (BTC) could outperform the S&P 500, based on his analysis of the BTC/SPX chart showing consolidation just below all-time highs. Despite recent sell-off signals and challenges, Bitcoin's resilience and current consolidation phase suggest potential for significant performance against the stock market.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 6:19 am

TSLA

Tesla investor Sawyer Merritt highlighted on CNBC's 'Last Call' the significant lead Tesla has in data collection for self-driving technology, with Tesla owners now driving 1 billion miles every 68 days using Full-Self Driving (FSD), a 250% increase from three months ago. Despite a 9% year-on-year decrease in Q1 revenue, Tesla's stock surged 12% after the earnings report, buoyed by positive investor sentiment towards its future plans and an upgrade from Bank of America from Neutral to Buy. Tesla's stock closed at $170.18, up 4.97%.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 5:39 am

MSFT

NTDOY

SONY

Microsoft CEO Satya Nadella announced record-breaking gaming performance and expansion to Nintendo Switch and Sony PlayStation. The company set new records for game streaming hours, console usage, and monthly active devices, with Diablo 4's launch on Game Pass being notably successful. Microsoft's gaming division significantly contributed to a 17% year-over-year revenue increase to $61.9 billion, surpassing analyst estimates. The expansion includes bringing four fan-favorite titles to Nintendo and Sony platforms, marking a strategic move following the acquisition of Activision Blizzard.

Portfolio Pulse from Ananya Gairola

April 26, 2024 | 4:33 am

MSFT

Microsoft CEO Satya Nadella highlighted the strong demand for Azure, especially in AI, during the third-quarter earnings call. Azure Search, used by ChatGPT, is among the fastest-growing services. Microsoft's Q3 revenue rose 17% year-over-year to $61.9 billion, surpassing estimates. Azure is closing the gap with Amazon Web Services, with predictions of its growth accelerating to 29%-30% year-on-year. Microsoft shares were up 4.31% in after-hours trading.

Portfolio Pulse from Ananya Gairola

April 26, 2024 | 3:55 am